At what rate percent per annum will Rupees 3000 yield Rupees 600 interest in 5 years
Answers
Answered by
7
Answer:
Step-by-step explanation:
Let the interest rate be r
we know that
interest yield = PRT/100
3000 x r x 5 /100 = 600
25r/100 = 1
r = 4%
CHEERS MATE, PLEASE MARK BRAINLIEST
Answered by
1
Answer:
4 %
Step-by-step explanation:
4 % of 3000 =120
5*120=600=ans
Similar questions